Gate Crypto Flash News and Market Updates

According to the Bank of Korea's monetary and credit policy report submitted to parliament on September 10, Seoul metropolitan house prices continued rising while household loans increased, raising financial imbalance risks. House prices in Gangnam's three premium districts and Yongsan showed significantly slower growth, while Seoul's outer areas and regulated districts in Gyeonggi Province maintained strong gains. The central bank attributed the ongoing price increases to supply shortages and d

According to Yonhapinfomax, South Korea's Financial Supervisory Commission (FSC) Chief Lee Chan-jin held his first overseas investor relations event in London on September 8, addressing senior executives from 22 global investment banks and asset managers including Goldman Sachs, Morgan Stanley, and PIMCO. Lee pledged to strengthen market oversight against market manipulation, improve valuations of underpriced companies, and modernize corporate governance. Key initiatives include streamlining mar

According to CoinDesk, on September 9, Robinhood CEO Vlad Tenev responded on CNBC's Squawk Box to accusations from AMC CEO Adam Aron, stating the company does not need AMC's approval to issue tokenized products linked to AMC stock. Tenev explained that while listed companies control rights to their issued shares, they cannot control all financial products referencing those shares issued by third parties. Robinhood's stock tokens are backed 1:1 by underlying shares. Market observers have flagged

According to The Block, SkyAI, a Solana treasury company, faces shareholder and potential acquirer pressure ahead of its annual meeting on Sept 18. Bastion Trading, which holds 9.99% of the company, filed with the SEC on Sept 3 stating it will vote against all five director nominees, citing concerns over bylaw amendments that weaken shareholder rights, adoption of a "poison pill" plan without shareholder approval, and related-party transactions. Forward Industries, also a Solana treasury company

According to Bithumb's official announcement, the exchange listed DEBIT token in the Korean won (KRW) market on September 10, with trading launching at 3:00 PM local time. Teller Finance's DEBIT token is a platform combining traditional credit with on-chain finance services, offering features including unsecured lending and on-chain operations such as Swap, Bridge, Borrow, and Yield.

According to RootData, Spark Protocol (SPK) will unlock approximately 27.891 million tokens worth around $5.37 million on September 17 (Beijing time).

According to RootData, zkSync (ZK) will unlock approximately 173.14 million tokens valued at $1.71 million on September 17 at 12 a.m. UTC+8.

According to RootData, Aster (ASTER) will unlock approximately 44.67 million tokens worth around $32.41 million on September 17 at 12 AM UTC+8.

According to The Block, Consensys announced on September 10 that it will separate into two independent companies: MetaMask, focused on consumer financial services including payments and savings, and a new Consensys entity dedicated to Ethereum and institutional blockchain infrastructure. MetaMask has surpassed 100 million downloads across 190 countries with cumulative transaction volumes exceeding trillions of dollars. Joe Lubin will serve as MetaMask's chairman and CEO, while Mike Kriak becomes

SHIBOR rates moved higher on September 10. The overnight rate rose 3.1 basis points to 1.4040%, while the 7-day rate climbed 1.8 basis points to 1.4100%. The 3-month rate held steady at 1.4300%.

According to RootData token unlock data, Caldera (ERA) will unlock approximately 23.31 million tokens worth about $1.38 million on September 17 at 3 PM Beijing time.

According to Guru Club, lithium carbonate futures contracts broke below the 140,000 yuan mark on September 10, with intraday losses near 2%, marking the first break below this level since August 10.

According to Bloomberg, Citadel Securities urged regulators yesterday (September 10) to classify prediction market contracts linked to listed company key performance indicators (KPIs) as security-based swaps, to be regulated by the U.S. Securities and Exchange Commission (SEC) rather than the Commodity Futures Trading Commission (CFTC). The firm warned that continued CFTC oversight would result in fragmented regulation and market fragmentation, calling for an adjustment to the current regulatory

According to Jin10, Alibaba's new Qianwen AI glasses made their first appearance today (September 10) at the 2026 Bund Conference AI Payment exhibition. The device, largely covered with black concealment material, appears to introduce iris recognition capability for the first time, reportedly aimed at enhancing payment security and interaction convenience through more precise identity verification.

According to SoSoValue data reported by Odaily, Robinhood Chain fell 9.47% over 24 hours on September 10, leading sector declines amid broader market weakness. Within the Robinhood Chain ecosystem, Pons (PONS) dropped 16.30% and Cash Cat (CASHCAT) declined 12.05%. On-chain transaction count for Robinhood Chain fell 17.4% versus the same day last week, with cross-chain capital outflows totaling approximately $174 million over the past seven days. The RWA sector also declined 7.36%, while the broa

According to GMGN data, Solana-based meme token BATON surged to a market cap of $10 million in 24 hours, posting a gain of 470%, before retreating to $7.9 million at press time. BATON is a community-created meme token derived from narratives around Baton Corporation and its early project Baton Finance, and has no official association with Pump.fun.

According to The Block, the Blockchain Association and Crypto Council for Innovation filed a motion for preliminary injunction on September 9 in Illinois Sangamon County Circuit Court, seeking to halt the state's new 0.2% digital asset transaction tax before it takes effect. Illinois Governor J.B. Pritzker signed the Digital Asset Tax Act this summer, with the tax scheduled to begin January 2027. The two organizations argued in the 34-page motion that the tax is unprecedented and has caused "irr

According to statements on Sept 10, the United States and Venezuela announced a historic agreement to jointly develop the South American nation's oil fields. President Trump declared at the Republican National Convention that Venezuela's proven reserves of 6.5 billion barrels are sufficient for American consumption for 500 years, calling the deal potentially the largest in U.S. history. The partnership will span 17 strategic oil fields with investment exceeding $100 billion and is expected to ge

According to Money Today, South Korea's KOSPI index fell below 7,000 on September 10, dropping 115.37 points (1.64%) to 6,936.27 amid heavy net selling by foreign and institutional investors. Foreign investors net-sold 496 billion Korean won while institutions sold 962.7 billion won, compared to individual investors' net purchases of 858.1 billion won. The decline was driven by overnight U.S. market weakness, elevated global oil prices surpassing $100 per barrel, and U.S. Treasury yields exceedi

According to a statement from the Dominican Foreign Ministry via Jin10, Nicaragua decided on September 9 to close its embassy in the Dominican Republic. The ministry noted that on July 23, it recalled its ambassador to Nicaragua for consultations, after which its embassy in Managua has been operated by a temporary chargé d'affaires. The Dominican Republic stated it will continue monitoring bilateral relations through established diplomatic channels and conventions.